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The following optional coverages are available to Active Employees for Plan Year 2011, effective September 1, 2010*.
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Short-Term Disability Insurance:
Through Short-term Disability Insurance coverage, you can receive a portion of your income if you become disabled and are unable to work. This coverage is available to employees only - not dependents. EOI is not required if you apply within the first 31 days of your initial eligibility.
Short-term Disability Insurance will provide you with up to five months with some portion of your monthly income after a waiting period if illness or injury (including maternity) keeps you from working. You must be certified as totally disabled and complete the waiting period of your sick leave, extended sick leave, and sick leave pool, or 30 consecutive days, whichever is greater. The following benefits apply:
- Your Short-term Disability insured monthly salary amount is equal to your monthly salary up to $10,000;
- Your maximum monthly benefit is the lesser of 66% of your insured monthly salary or $6,600;
- If you are approved for this benefit, your minimum monthly benefit is 10% of your insured monthly salary; and
- Benefits may be paid to you for up to five months
The amount payable to you will be reduced due to other sources of income you may be entitled to, such as:
- Workers' Compensation;
- Employees Retirement System (ERS) or Teacher Retirement System (TRS) disability retirement benefits; and
- Other group disability benefits.
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Long-Term Disability Insurance:
Through Long-term Disability Insurance coverage, you can receive a portion of your income if you become disabled and are unable to work. This coverage is available to employees only - not dependents. EOI is not required if you apply within the first 31 days of your initial eligibility.
Long-term Disability Insurance will provide you with a portion of your income if you become disabled and are unable to work for an extended period of time. You must be certified as totally disabled and complete the waiting period of your sick leave, extended sick leave, and sick leave pool, or 90 consecutive days, whichever is greater. The following benefits apply:
- Your Long-term Disability insured monthly salary amount is equal to your monthly salary up to $10,000;
- Your maximum monthly benefit is the lesser of 60% of your insured monthly salary or $6,000; and
- If you are approved for this benefit, your minimum monthly benefit is 10% of your insured monthly salary for up to 12 months.
The amount payable will be limited as follows:
- The maximum benefit period is determined by your age at the time of disability; and
- The benefit amount may be reduced due to other sources of income you may be entitled to such as:
- Social Security Disability for you and any eligible dependents;
- Workers' Compensation;
- Employees Retirement System (ERS) of Texas or Teacher Retirement System (TRS) disability retirement benefits; and
- Other group disability benefits.
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